millions of families pay for college, it would extend tax credits for clean energy companies that are creating jobs, it would extend unemployment insurance to 2 million americans who are actively looking for jobs out there. i have to say that ever since i took office, throughout the campaign, and over the last couple of months, my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain or whatever you want to call it, that solves the deficit problems in a balanced and responsible way that does not just deal with taxes but also spending so that we can put all this behind us and focus on growing our economy. with this congress, that was obviously too much to hope for at this time. [laughter] maybe we can do it in stages. we will solve this problem instead in several steps. in 2011, we started reducing the deficit through $1 trillion in spending cuts which have taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for th

in safety. there's another school says, we know enough about how crashes work and how to disburse the energy from a crash the you can make vehicles safer and lighter at the same time. host: a call from maryland on the line for independents. caller: i bought a car this year. i really wish that i had not. some of these newer cars are very expensive to fix. the have computer chips. if you buy it from a second-rate autodialer order credit is not that great -- auto dealer and your credit is not that great, they jack up the interest rate, and you end up underwater. host: could you tell us what you bought and what you paid for it? caller: 2008 chrysler sebring. i paid $12,000 for it. $300 a month. guest: that is a concern. buying a car still can be a very complicated and opaque process. you have to be vigilant at every step of the way to make sure you are getting the kind of deal you can afford at the end. that does not mean just the price of the car, just the monthly payment. that means looking at the terms of the loan, how the interest is spread out, looking at the interest-rate and your collater

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